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ETHUSDT Faces Resistance at $2,394 and CPI Pressure

hace 7 días

ETHUSDT is fluctuating between the $2,394 resistance and $2,222 support. The resistance at $2,394 has repeatedly blocked upward momentum.

If ETH fails to break through this resistance, it may correct down to the $2,222 support before attempting a slight recovery.

The RSI is at a neutral level (53.96), indicating that the market is neither overbought nor oversold.

Upcoming U.S. CPI reports could significantly impact ETH's price, especially if inflation exceeds expectations, which might put additional downward pressure on the cryptocurrency.

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